Exchange Host Failure and Recovery

Overview

In the unlikely event that the actual
exchange host fails, all electronic traders on that exchange lose
their connections.

Connection Failure

If the exchange host fails, traders experience
the following:

Orders in transit before the failure are lost.

The ICE Gateway Order and Price Servers begin cycling (starting
up and shutting down according to the schedule set in ttchron.ini).

All price, order, and fill data becomes stale.

Traders lose their connections and cannot trader.

The TT Gateway continues to run and remains connect to the
Exchange’s Multicast server. When the Exchange host goes live, the
TT Gateway receives the appropriate messages. Traders can again
begin trading normally and prices begin updating as normal.

LEGAL

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